Refer to the Following Selected Financial Information from Marston Company

question 112

Multiple Choice

Refer to the following selected financial information from Marston Company. Compute the company's accounts receivable turnover for Year 2. $$\begin{array} { | l | r | r | } \hline &{ \text { Year 2 } } & { \text { Year 1 } } \\\hline \text { Accounts receivable, net } & 86,500 & 82,750 \\\hline \text { Net sales } & 723,000 & 693,000 \\\hline\end{array}$$

• A) 4.78.
• B) 8.54.
• C) 8.59.
• D) 8.36.
• E) 8.37.

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